British junior energy company Chariot Limited has taken control of Morocco’s Anchois gas field development, adopting a scaled-back, modular approach following Energean’s withdrawal, potentially unlocking 18 billion cubic meters of gas reserves crucial for national energy security. Announced July 8, 2025, Chariot’s takeover marks a strategic revival of the offshore field in the Lixus permit […]
Tag: energy company
Mauritania: massive arrests in connection with corruption scandal at state-run energy company
The Mauritanian police have nabbed a senior official of a state-run energy company and a businessman, both accused by a Senegal company for demanding commissions for a contract awarded to the latter firm, reports say. Businessman, Mohamed Ould Bouchiba, and the technical director of the Mauritanian Gas Company, Mohamedou Pal, had been arrested for questioning […]
Algeria Secures Italian Supply Deal as Foreign Exchange Reserves Dwindle
Algeria which has suffered a sharp decrease in oil revenues is seeking desperately to fill in its coffers with an Italian supply deal. The country’s state-owned Sonatrach and Italy’s energy company, Eni, inked a deal to supply Italy with 10 billion cubic meters of natural gas annually. The gas will be channeled through the Transmed […]
Egypt to become Mediterranean top gas producer
Italian gas and oil company producer ENI announced Sunday it discovered “the largest” natural gas field in the Mediterranean off the Egyptian coast, making Egypt probably the top gas producer in the region in the future. Egypt which is struggling to ensure enough energy supply to its millions-strong population may end its struggle with this […]



